This is not the only blood cancer cure discovered in China. Thanks to the ATRA-ATO treatment APL went from the most lethal type of leukemia (death within a week) to completely curable.
News on China's scientific and technological development.
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Yup, China currently has more foundational advantages in biotech than it does in AI - a larger population, less institutional regulations & red tape, and far less excessive medical expenses from artificial labor shortages (e.g. the doctors deficit). The only thing it historically lacked is capital, but that's been changing as Big Medicine is realizing that it's much more efficient to invest in Chinese companies.
By contrast, AI is held back by the lack of a truly globally successful software ecosystem (the rest of the world runs on Nvidia, Cuda, Google, etc.) and the chips embargo. No such problems in medicine where regulatory frameworks tend to be local and prohibitively expensive prices make it harder for Western companies to achieve economies of scale. China has huge chances here to be globally dominant, IMO.
By contrast, AI is held back by the lack of a truly globally successful software ecosystem (the rest of the world runs on Nvidia, Cuda, Google, etc.) and the chips embargo. No such problems in medicine where regulatory frameworks tend to be local and prohibitively expensive prices make it harder for Western companies to achieve economies of scale. China has huge chances here to be globally dominant, IMO.
My latest on rare earth and magnets and this entire situation.
Reminder that China really does control everything here.
Reminder that China really does control everything here.
I think that's late. Will probably achieve that by 2030.
antiterror13
Brigadier
it means for new car or the whole aggregate cars in China ?
It says EV car penetration rate. So I believe they mean market for new cars sold in China.
AssassinsMace
Lieutenant General
I hate it when you hear some Western pharmaceutical buys a license for Chinese drugs and they get worldwide distribution rights. Are those drugs also made in China…? I hope the Chinese side gets large residuals.